Income Tax Dept warns public against cash dealings of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.

Extension of ‘due-date’ orders would apply to all assessees

CBDT Clarification dated 30th September 2016

F.No.225/195/2016/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North Block, ITA.II Division, New Delhi,

Dated : 30th of September, 2016

Order under Section 119 of the Income-tax Act, 1961 dated 9th September, 2016

In continuation of order u/s 119 of the Income-tax Act, 1961 dated 9th September, 2016 and clarification thereof dated 14th September, 2016, both vide F.No. 225/195/2016/ITA.II , it is further clarified that the extension of ‘due-date’ mentioned in these orders would apply to all assessees who are required to file their return of income by 30th September, 2016 as per clause (a) of Explanation 2 to sub-section (1) of section 139 of Income-tax Act, 1961.

(Deepshikha Sharma)

Director to the Government of India

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